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Teachers Pay Teachers (acquired by IXL Learning)

EdTech: K-12
Segments:
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Product stage:
Growth
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Teachers Pay Teachers (TpT) was founded in 2006 by former public school teacher Paul Edelman to meet the challenge of finding and sharing good teaching resources with colleagues. TpT is an online marketplace where a community of PreK-12 teachers share, sell, and buy original educational resources. TpT is said to be the world’s first and largest education-oriented open marketplace. Educators can register as sellers (teacher-authors) and upload original content relating to instructional material, professional development, and classroom decor, among others. TpT resources can be accessed by any individual, including homeschoolers. TpT School Access is a subscription-based product that gives entire schools access to an extensive library of TpT resources. As of October 2020, the platform offered more than three million free and paid resources and as of February 2021, TpT was used by more than seven million teachers including 85% of PreK-12 US teachers.

In February 2021, TpT launched Easel by TpT, a comprehensive solution that pairs digital tools with digital content. Instead of managing multiple tools, Easel by TpT allows teachers to prepare customized content, use their screen as a digital whiteboard, assign activities to students, and provide feedback on assignments submitted by students through the platform. Later in 2021, teachers will also be able to create, assign, and review auto-graded formative assessments.

In March 2022, the company acquired Bakpax, an automated grading system, allowing TpT to integrate Bakpax technology with Easel to improve the grading process and empower teachers to focus on students’ learning requirements.

In March 2023, the company was acquired by IXL Learning, a K-12 learning solution provider, to broaden its capabilities to provide teachers with appropriate and stimulating learning materials for PK-12 students.

EdTech: K-12

EdTech: K-12

Key stats
Featured companies
241
Total funding (USD)
18.7 Bn
Total addressable market (USD)
43.7 Bn
Key competitors
 
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Product Overview
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Company profile
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Recent Updates

Management news
Partnerships
Product updates
M&A
Industry news
Mar 31, 2023
Monthly News Summary (March 2023)
EdTech: K-12
M&A
Mar 8, 2022
Teachers Pay Teachers acquires automated grading software Bakpax
EdTech: K-12

Company Brief


HQ location:
111 East 18th Street New York NY USA
Founded year:
2006
Employees:
101-250
Total Funding:
USD 64.0 million

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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